TACOMA, WA-City officials are inching closer to negotiating a purchase and sale agreement for a new hotel on the Greater Tacoma Convention Center site.
SEATTLE-Security has been stepped up at airports, government buildings and military facilities as a precautionary measure to the destruction of New York City's World Trade Center and the Pentagon in Washington, D.C. It is one of the worst terrorism attacks in U.S. history.
SEATTLE-Bank of America has named Bill Herrara senior market executive for the Northwest Community Development Banking group. Herrera will be responsible for creating opportunity for affordable housing construction and other community development projects.
SEATTLE-A ground-breaking ceremony for the city's new Southwest Precinct police station is set for this evening. The total project construction, excluding land acquisition costs, rings up at roughly $11 million.
SEATTLE-Mayor Paul Schell, Columbia City residents and park supporters will gather Saturday (Sept. 8) to celebrate the acquisition by Seattle Parks and Recreation of the 3.2-acre property known as Hitt's Hill.
SEATTLE-The Northwest commercial real estate investor and service provider has made a couple of in-house shuffles at the Metropolitan Tract of Seattle. The Metropolitan Tract consists of 1.75 million sf of office and retail properties Downtown.
SEATTLE-The locally-based real estate investment trust specializing in self-storage facilities has set the pricing of its public offering of 2.5 million shares of Class A common stock at $29.79 per share.
SEATTLE-Three apartments sell this week, amidst reports that the apartment market is down but still a desirable investment. Combined, the three transactions total roughly $10.3 million.
SEATTLE, WA-All systems are go at the new Fred Meyer store set to open in Tumwater, WA Sept. 19. The $23 million, 171,000-sf store marks the company's second in the South Sound area. Meanwhile, QFC, a sister grocery chain, says it will close its Lake Hills Shopping Center store in Bellevue and hopes customers will visit a new store now being built at the Bel-East Shopping Center.
BOISE-Locally-based Albertson's Inc. reports a loss for the second quarter, the second in the grocery store chain's 42-year history. The loss mostly can be attributed to a company acquisition two years ago of American Stores.